Nashik NMC Issues 2,800 NOCs for Civic Polls, Earns Rs 10 Cr
Nashik Municipal Corporation issued 'no dues' certificates to 2,800 election candidates, collecting over Rs 10 crore in pending taxes. A 40% rise from 2017. Read details.
Nashik Municipal Corporation issued 'no dues' certificates to 2,800 election candidates, collecting over Rs 10 crore in pending taxes. A 40% rise from 2017. Read details.
Union Minister Jyotiraditya Scindia clarifies the government's stance on Vodafone Idea's future, addressing concerns over its pending dues and the state's 49% ownership stake.
Even with potential halving of AGR dues, Vodafone Idea faces a ₹2 trillion debt mountain. Experts say survival hinges on massive tariff hikes and fresh equity. Read the full analysis.
Residents of Disha Loharuka Solaris in Bengaluru faced a day-long electricity cut as Bescom disconnected supply over unpaid dues of Rs 2 lakh linked to 30 vacant flats. Read about the residents' ordeal and the builder's alleged disappearance.
A new PIL in Punjab & Haryana HC challenges the state's land auction plan, demanding recovery of Rs 2,582 crore in unpaid bills first. Hearing set for Jan 12, 2026. Read the full story.
Supreme Court intervenes in Noida's insolvent Supernova project, ordering a new developer and sidelining old promoters. A landmark move offering hope for lakhs of homebuyers across India's frozen real estate projects. Read more.
MC Commissioner Aaditya Dachalwal orders officials to expedite recovery of municipal dues and halt illegal constructions. Weekly targets set, strict action warned for non-compliance.
Mormugao Municipal Council recovers Rs 5 crore in principal dues from IOCL. MMC chief officer insists on Rs 3.5 crore interest, funds to benefit employees and laborers. Read the full story.
A parliamentary panel recommends allowing multiple resolution plans for different assets of an insolvent firm, aiming to boost value and attract bidders. Explore the potential shift in India's insolvency landscape.
BKU-Tikait farmers continue protest in Meerut for 7th day, demanding pending sugarcane dues & action against procurement irregularities. Tikait warns of intensified agitation. #FarmersProtest #UttarPradesh
Lok Sabha panel chief Baijayant Panda calls IBC amendments a 'game-changer' to halve resolution time and boost recoveries. Bill excludes project-specific insolvency for real estate.
Kerala government settles electricity bill arrears of departments & KWA by netting off Rs 1,188.52 crore from KSEB's duty. Move follows court stay on duty remittance. Details inside.
RTI data reveals state & central govt bodies in Mumbai owe BMC over Rs 3,000 crore in property tax arrears. Only Rs 243 crore recovered in 5 years, raising burden on citizens. Read full details.
CAG report reveals Indian Railways failed to monetise vast vacant land, with only 1.6% developed. Over Rs 4,087 crore dues from private sidings remain unrecovered. Read the full audit findings.
Lucknow Central zone to disconnect power from Monday for prepaid meter users with negative balance. Consumers owe Rs 2.5 crore. Pay by Sunday to avoid cut.
In a landmark verdict, 3,288 workers of a closed Ahmedabad textile mill will finally receive Rs 27.87 crore in dues after a 36-year legal fight. The Gujarat High Court orders disbursement from auction proceeds.
Karnataka's popular free bus travel for women scheme faces a funding crisis as the government owes Rs 4,000 crore to transport corporations, threatening their operations. Read more on the financial strain.
Madras High Court directs Madurai corporation to pay lawyer's Rs 13 lakh dues, invoking Prophet Muhammad's principle of timely wages. Justice Swaminathan also flags high fees of law officers.
Maharashtra govt eliminates mandatory no-dues & inquiry certificates for retiring employees, ensuring timely pension processing. A major reform to prevent financial hardship.
Maharashtra govt scraps mandatory no-dues certificates for retiring employees, aiming to expedite pension processing and prevent financial hardship. Learn about the key reforms.
Vodafone Idea's stock surged after raising ₹3,3,00 crore via NCDs to fund capex. The move follows a Supreme Court breather on massive government dues. Analysts see further upside.
ED facilitates payment of long-pending dues to Kingfisher Airlines' ex-staff. ₹312 crore transferred via liquidator after DRT approval. Read the full story.
Union Coal Minister G Kishan Reddy criticises Congress govt's power plan for Telangana, warns of rising debt and high costs. Demands clarity on PPA and wage payments.
Enforcement Directorate recovers over Rs 311 crore for former Kingfisher Airlines employees under PMLA. A major step in victim-centric asset restoration. Read the full story.
A parliamentary committee recommends a strict 3-month deadline for NCLAT to dispose of IBC appeals, addressing massive delays. The move aims to streamline India's corporate insolvency process. Read the full report.
Himachal Pradesh High Court threatens contempt action against Finance Secretary for defying Supreme Court order to clear pending dues of retired judges. Next hearing could trigger punitive steps.
Uttar Pradesh's smart prepaid meter rollout hits a snag as 29.1 lakh consumers owe Rs 904 crore. UPPCL review reveals billing issues and technical glitches. Read the full report.
Bigg Boss 19's Tanya Mittal faces fresh allegations from stylist Riddhima Sharma over unpaid fees and unreturned outfits. Sharma opens up about online trolling and broken promises. Read the full story.
Telangana High Court questions power department's inaction on GITAM University's ₹118.13 crore dues while poor face disconnection for small amounts. Hearing adjourned to Dec 22.
A Lok Sabha committee will table its report on the IBC Amendment Bill 2025 on Wednesday, bringing a major insolvency law overhaul closer. The reforms aim to cut delays and boost investor appeal.